| 1816.
CHAP. 71. |
LAWS OF MARYLAND.
by the said corporation, shall be in the name of the president and
acting committee of the Union Beneficial Society of Baltimore, and
that all process that may be hereafter instituted against the said
society shall be served on the president on behalf of the same. |
—to have a seal,
&c. |
7. AND BE IT ENACTED, That it shall and may
be lawful for the
said corporation, and their successors, for ever hereafter, to have
a common seal for their use, and the same at the will and pleasure
of them, and their successors, to change, alter, break and make
anew, from time to time, as they shall think best, and shall in general
have and exercise all such rights, franchises, privileges and
immunities, as are by law incident and necessary to corporations
of this kind, and which may be necessary to the corporation herein
and hereby constituted and erected, to enable them duly and fully
in the law to execute all things touching and concerning the design
and intent of their said corporation, for the benevolent succour,
relief, and good order of its members, and the widows and orphans
of deceased members of the said society, agreeably to the constitution
and such rules and by-laws as may be established by the said
society. |
No member to be
answerable in his
individual capacity
for losses, &c. |
8. AND BE IT ENACTED, That no member of the
said society shall,
in his individual capacity, be answerable for any losses, deficiencies
or failures of the joint fund of the said society, for any more
or larger sum or sums of money whatsoever, than to the current
amount by him payable into the common fund of the society. |
Proceeding relative
to a dissolution
of company |
9. AND BE IT ENACTED, That if at any time
it may be deemed
necessary to dissolve this society, a proposition to that effect shall
be laid on the table, in writing, at a stated meeting of the society,
and may be discussed at the next stated or special meeting, but
shall not be finally decided on until it has been two full months before
the society, and shall not take effect unless three-fourths of the
members residing within the city and precincts of Baltimore are in
favour thereof. |
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|
Passed Jan. 14, 1817. |
CHAP. LXXII.
An Act to enable Robert Gorsuch to complete his Collection in Baltimore
County. Lib. TH. No. 5, fol. 209.
See 1817, ch. 29, and 1818, ch. 35. |
|
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|
Passed Jan. 14, 1817. |
CHAP. LXXIII.
A Supplement to the act, entitled, An act to Incorporate the Franklin
Manufacturing Company of Maryland. Lib. TH.
No. 5, fol.
209. |
Amount of capital.
* Ch. 23. |
BE IT ENACTED, by the General Assembly of Maryland,
That
the capital stock of the Franklin Manufacturing Company of
Maryland, shall be three hundred thousand dollars, and shall consist
of three thousand shares of one hundred dollars each; and
that the third section of the act, entitled, An act to incorporate
the
Franklin Manufacturing Company of Maryland, passed December
session, eighteen hundred and fourteen*, be and the same is hereby
repealed. |
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